DENVER, CO – April 5, 2018 – Berens Law LLC today announced that a class action lawsuit has been filed on behalf of a class consisting of investors who purchased the securities of Funko, Inc. (NASDAQ: FNKO) pursuant to and/or traceable to the Registration Statement and Prospectus issued in connection with Funko’s initial public offering on or about November 3, 2017 (the “IPO”).
What actions may I take at this time? If you would like to discuss this action, the lead plaintiff process, or have any questions concerning this notice, please contact Jeffrey A. Berens, Esq. at (800) 287-9272 or via email firstname.lastname@example.org.
What are the allegations in the complaint? The complaint alleges that the documents filed in connection with the IPO contained materially false and/or misleading statements and/or failed to disclose that: (1) Funko’s earnings growth trends were not as strong as suggested; (2) Funko’s EBITDA growth trend was not representative of its prospects; and (3) as a result, Funko’s Registration Statement and Prospectus were materially misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. Based upon the foregoing, the complaint charges defendants with violations of the Securities Act of 1933.
About Berens Law LLC. Berens Law LLC represents investors in securities class action and shareholder derivative lawsuits, and over the years has recovered hundreds of millions of dollars for clients.
Jeffrey A. Berens, Esq.
Berens Law LLC
2373 Central Park Boulevard
Denver, CO 80238
Tel: (800) 287-9272